Key Company Highlights

➢ The Company’s “Industrial Synergy Route”, has resulted in the filing of a provisional patent in the United States of America, owned jointly by the Company’s 100% owned subsidiary FNC Technologies Inc. and NSGI Non Ferrous Metals Inc., covering TiO2 feedstock and related technologies including the production of titanium metal powder suitable for 3-D printing (NR 07/08/2020). -

2 - ➢ The Company has greatly enlarged its gold exploration land position by map staking in Québec, particularly the structural corridors hosting the AMEX Exploration Ltd. “Perron” and the Wallbridge Mining Company Ltd. “Fenelon” gold discoveries. These blocks are being analyzed by satellite spectral analysis, re-evaluation of previous work and boots on the ground prospecting. Options and joint ventures are a part of this narrative. (NR 02/07/20)

➢ The Company’s historic gold properties – Dileo Lake, in the Troilus trend (NR 17/06/20) and the Gaspé Boisbuisson skarn gold property are currently undergoing new trenching on old, poorly developed gold showings. ➢ Further work is planned on the Company’s Mactaquac gold option in New Brunswick. The source of the gold placer is yet to be identified, but numerous magnetically defined structural targets remain to be tested. ➢ Northern Ontario gold prospects, Heenan, Mallard and Cunningham are scheduled for further testing and in the case of the former drilling before year end.

➢ 100% owned Baie Verte Brompton (BVB) Property, in the Beauce, southern Québec. Located on the Baie Verte Brompton line, a major crustal suture running through the central Appalachians from Vermont to Newfoundland. The Property, some 33km in length, covers that part of the suture adjoining the historic Gilbert River gold placers, which in themselves can be considered to be one of the largest gold geochemical anomalies in eastern North America and the site of heightened exploration activity by several companies. Further prospecting is planned.

➢ Extensive dry tailings going back to the 19thc on the Company’s wholly owned Harvey Hill Copper property have been found to average 1-2% Cu and consideration is being given to copper recovery from this material.

➢ REE exploration, Québec - The Company’s optioned Gouin East and Gouin West carbonatite targets have been subject to 3-D inversion studies which have identified numerous internal targets. Both targets are presently being prospected and sampled. Test drilling is planned for the fall.

- The Company’s Baude Lake rare earth property northwest of Shawinigan contains a steeply dipping system of sheeted allanite bearing pegmatite/granite dykes, exposed along a strike length of about 1km. Boulders of similar material, 2-3 km to the north suggest this target could be much larger than previously thought. A prospecting and ground scintillometer survey has just been completed.

MD&A - English https://www.sedar.com/GetFile.do?lang=EN&docClass=7&issuerNo=00004414&issuerType=03&projectNo=03107084&docId=4790204

Audited annual financial statements - English https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00004414&issuerType=03&projectNo=03107069&docId=4790199